Yes, homeowners can still receive any rebate that is offered by their local utility, city, county, etc. HERO Financing does not affect the rebate process in any way. Certain items on your property tax bill may be deductible. You are urged to consult a tax advisor regarding the deductibility of such payments. The interest rates for HERO Financing vary depending upon the term, with terms ranging from 5 – 20 years. HERO Financing is recorded as an assessment on the property and is paid through a homeowner’s property tax bill. Certain items on your... There are no fees to apply for HERO Financing. 